Cryptocurrency is a type of digital currency which uses encryption methodologies to adjust the formation of units of currency and verifying fund transfers that are operated independently without any authority involved as medium.
These cryptocurrencies are decentralized and completely away from any authority that is governing the real money. Though digital currencies have multiple usage, now-a-day these currencies are often utilized in crowdsale i.e. funds raised by startups for a cause in the form of Initial Coin Offering.
If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.

About VL Coin
A disruptive decentralized blockchain solution for transparent fund management for NGO/Foundation and Government organizations. India's largely growing cryptocurrency is here, VL Coin. The comfort method to sell and buy goods as INR, with VL coin the traditional method of trading is made effortless. Unlike other cryptocurrency VL coin enables fastest peer to peer payments in the world with just a click. The best part about VL coin is that it is open source, not governed by any central authorities in making global payments. With mathematically secured network any individual has control over their self-financial transactions. A strong proof for VL coin's efficiency is that you can make lightning transactions with very less confirmation time coupled with increased storage compared to other similar cryptocurrencies. With considerable industry comfort & merchandising VL coin is the only means of trading alternative to Bitcoin.